Suprajit Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Suprajit Engineering has a total shareholder equity of ₹12.7B and total debt of ₹7.2B, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are ₹28.6B and ₹15.8B respectively. Suprajit Engineering's EBIT is ₹2.2B making its interest coverage ratio 4.2. It has cash and short-term investments of ₹5.2B.
Key information
56.4%
Debt to equity ratio
₹7.17b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹5.21b |
| Equity | ₹12.72b |
| Total liabilities | ₹15.84b |
| Total assets | ₹28.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532509's short term assets (₹17.5B) exceed its short term liabilities (₹12.1B).
Long Term Liabilities: 532509's short term assets (₹17.5B) exceed its long term liabilities (₹3.8B).
Debt to Equity History and Analysis
Debt Level: 532509's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: 532509's debt to equity ratio has increased from 37.6% to 56.4% over the past 5 years.
Debt Coverage: 532509's debt is well covered by operating cash flow (28%).
Interest Coverage: 532509's interest payments on its debt are well covered by EBIT (4.2x coverage).